mobile manufacturing facility in Noida

• The investment of about Rs. 5000 crore, would not only strengthen Samsung’s business links with India but is also significant in the context of the relationship between India and Korea. The digital technology is playing a key role in making the lives of the common man simpler, including through faster and more transparent service delivery.
• The expansion of smartphones, broadband and data connectivity, which he described as signs of a digital revolution in India. In this context, the Government e-Marketplace (GeM), growth of digital transactions, BHIM App, and RuPay cards.
• The ‘Make in India’ initiative is not just an economic policy measure, but also a resolve of better ties with friendly nations such as South Korea. There is an open invitation for businesses across the world, who want to take advantage of the transparent business culture of New India. India’s growing economy and rising neo-middle class create immense investment possibilities.
• India now ranks second, globally, in the manufacture of mobile phones, with the number of mobile phone manufacturing factories rising from just 2 to 120, in about four years’ time. This has created lakhs of employment opportunities.
• Through this new mobile manufacturing facility, the combination of Korean technology, and Indian manufacturing and software support would provide excellent products for the world. This is the strength and the shared vision of both countries.